Corporate news

FIEL - In this Aug. 26, 2019, file photo, a computer screen shows images of Chinese President Xi Jinping, right, and U.S. President Donald Trump as a currency trader works at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea. China will lift punitive tariffs imposed on U.S. soybeans and pork in a trade war with Washington, a state news agency said Friday, Sept. 13, 2019, in a possible goodwill gesture ahead of negotiations. (AP Photo/Ahn Young-joon, File)
The Associated Press
September 13, 2019 - 6:56 am
BEIJING (AP) — China will lift punitive tariffs imposed on U.S. soybeans and pork in a trade war with Washington, a state news agency said Friday, adding to conciliatory gestures by the two sides ahead of negotiations. China will suspend tariff hikes on soybeans, pork and some other farm goods, the...
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FILE - This May 8, 2007, file photo shows the Purdue Pharma logo at its offices in Stamford, Conn. It’s not entirely clear what a bankruptcy filing for Purdue Pharma would mean for the wealth of the Sackler family behind the business. Depending on how various legal actions proceed, the billionaire family could be on the hook for much more than outlined in the settlement. (AP Photo/Douglas Healey, File)
September 12, 2019 - 11:05 pm
Purdue Pharma could be heading for bankruptcy but the extent to which it would affect the Sackler family fortunes remains unclear. The company, which makes OxyContin and other drugs, this week reached a tentative agreement with thousands of local governments and more than 20 states over its role in...
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FILE - This May 8, 2007, file photo shows the Purdue Pharma logo at its offices in Stamford, Conn. It’s not entirely clear what a bankruptcy filing for Purdue Pharma would mean for the wealth of the Sackler family behind the business. Depending on how various legal actions proceed, the billionaire family could be on the hook for much more than outlined in the settlement. (AP Photo/Douglas Healey, File)
September 12, 2019 - 9:03 pm
Purdue Pharma could be heading for bankruptcy but the extent to which it would affect the Sackler family fortunes remains unclear. The company, which makes OxyContin and other drugs, this week reached a tentative agreement with thousands of local governments and more than 20 states over its role in...
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FILE - This July 16, 2013, file photo shows a sign at Facebook headquarters in Menlo Park, Calif. Facebook is trying to coax “news deserts” into bloom with the expansion of a tool that provides people with local news and information, but says it still has a lot to learn. The social media giant said Thursday, Sept. 12, 2019, it is expanding its “Today In” service to 6,000 cities and towns across the U.S., up from 400 previously. (AP Photo/Ben Margot, File)
September 12, 2019 - 5:04 pm
SAN FRANCISCO (AP) — Facebook is trying to coax "news deserts" into bloom with the second major expansion of a tool that exposes people to more local news and information. But the social network confesses that it still has a lot to learn. The social media giant said Thursday it is expanding its "...
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September 12, 2019 - 4:09 pm
JACKSON, Miss. (AP) — A Democrat who tried to unseat Republican U.S. Sen. Cindy Hyde-Smith in Mississippi last year is seeking money to challenge her again in 2020. Mike Espy said in a fundraising appeal Thursday that he can "work with others across party lines and labels." Espy served in the U.S...
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CORRECTS STATE TO OHIO NOT PENNSYLVANIA - Medications that are are stored in the police headquarters that are and slated for destruction, are shown in a locked storage area, Wednesday, Sept. 11, 2019, in Barberton, Ohio. Attorneys representing some 2,000 local governments said Wednesday they have agreed to a tentative settlement with OxyContin maker Purdue Pharma over the toll of the nation's opioid crisis. (AP Photo/Keith Srakocic)
The Associated Press
September 12, 2019 - 2:58 pm
For months, the judge overseeing national litigation over the opioids crisis urged all sides to reach a settlement that could end thousands of lawsuits filed by state and local governments. But the chaotic developments this week in the case against OxyContin maker Purdue Pharma underscore how...
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FILE - In this July 16, 2019, file photo an American flag flies on the Capitol Dome in Washington. On Thursday, Sept. 12, the Treasury Department releases federal budget data for August. (AP Photo/Carolyn Kaster, File)
September 12, 2019 - 2:49 pm
WASHINGTON (AP) — The U.S. government's budget deficit increased by $169 billion to $1.07 trillion in the first 11 months of this budget year as spending grew faster than tax collections. The Treasury Department reported Thursday that the deficit with just one month left in the budget year is up 18...
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FILE - In this Oct. 27, 2018 file photo, President Donald Trump speaks to reporters in Indianapolis. An AP-NORC Center poll released on Thursday, Sept. 12, 2019, finds Americans are most unhappy with Trump on his handling of climate change. (AP Photo/Andrew Harnik)
September 12, 2019 - 7:02 am
WASHINGTON (AP) — President Donald Trump gets some of his worst marks from the American people when it comes to his handling of climate change, and majorities believe the planet is warming and support government actions that he has sometimes scoffed at. While the administration has rolled back...
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President Donald Trump talks about a plan to ban most flavored e-cigarettes, in the Oval Office of the White House, Wednesday, Sept. 11, 2019, in Washington. From left, acting FDA Commissioner Ned Sharpless, first lady Melania Trump, Trump, and Secretary of Health and Human Services Alex Azar. (AP Photo/Evan Vucci)
The Associated Press
September 11, 2019 - 11:16 pm
WASHINGTON (AP) — The federal government will act to ban thousands of flavors used in e-cigarettes, President Donald Trump said Wednesday, responding to a recent surge in underage vaping that has alarmed parents, politicians and health authorities nationwide. The surprise White House announcement...
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CORRECTS STATE TO OHIO NOT PENNSYLVANIA - Narcotics detective Ben Hill, with the Barberton Police Department, shows two bags of medications that are are stored in their headquarters and slated for destruction, Wednesday, Sept. 11, 2019, in Barberton, Ohio. Attorneys representing some 2,000 local governments said Wednesday they have agreed to a tentative settlement with OxyContin maker Purdue Pharma over the toll of the nation's opioid crisis. (AP Photo/Keith Srakocic)
September 11, 2019 - 6:51 pm
HARTFORD, Conn. (AP) — A tentative settlement announced Wednesday over the role Purdue Pharma played in the nation's opioid addiction crisis falls short of the far-reaching national settlement the OxyContin maker had been seeking for months, with litigation sure to continue against the company and...
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